Chery's Russian Success Train Stops in Ukraine

Chery is one of the entities avid for success in the European markets and the company has already sketched a detailed plan on how to increase its share on the Old Continent. Chery will begin exporting knock-down kits to Ukraine, company assistant general manager and spokesman Jin Yibo said in a statement, while local manufacturers will use parts built in domestic facilities to complete them.

Afterwards, Chery could very well start selling its cars in Ukraine, but the brand is actually targeting a much bigger market - Russia.

A report by gasgoo.com shows that Chery intends to use the CIS free trade agreement between Ukraine and Russia to export tax-free cars to a market that's expected to grow a lot in the next few years. Of course, it all looks great on paper, so Chery will start exporting the kits later this year.

Chery's ambitions do not stop here however. The company revealed in late 2010 that the United States is one of the markets likely to see its badge more often in the upcoming years. And not on regular cars, but on electric vehicles, Chery said, as it plans to debut a total of 3 models in the country.

This year the Chinese will thus begin a trial during which the company will try to determine whether selling electric vehicles in a market dominated by Japanese and the domestic carmakers is worth the time and money.

"If everything goes smoothly, the trial operation of Chery's S18 electric cars will start in the United States by the end of 2011," said Yuan Tao, general manager of Chery's new energy vehicle branch.